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Canadian Financial Close: Bonds fall with debt supply

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Published: April 11, 2018

By Commodity News Service Canada

WINNIPEG, April 11 (CNS) – The Canadian dollar recorded its
highest finish against its U.S. counterpart since February 20,
taking strength from the recent rise in oil prices.
Improving trade talks with the U.S. and Mexico also
bolstered the currency.
Canadian government bonds fell on Wednesday, pressured by
an increase in debt supply from provincial borrowers.
The Canadian dollar settled on Wednesday at US$0.7947 cents
or C$1.2584, compared to Tuesday’s North American close of
US$0.7925 or C$1.2618.
The S&P/TSX Composite Index fell 4.24 points, or 0.03%, to
15,257.90, following losses in information technology stocks.
Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–up $ 0.07 at $ 16.66
Buhler Industries————– $ 0.00 at $ 4.00
Maple Leaf Foods————-dn $ 0.14 at $ 30.88
Nutrien Ltd.—————–dn $ 0.57 at $ 58.36

(All figures are in Canadian dollars.)

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